First Republic Bank : Murphy’s Law in Action – Effectively Insolvent
Follow Antya Investments First Republic Bank (“FRC”, or the “Bank), with a current market capitalization of $4.2B, is still standing with conflicting opinions as to its viability. Although The Federal Reserve (“The Fed”), the U.S. Treasury, and a consortium of the largest U.S. banks agreed to provide deposit support of $30B for 120 days to […]